Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1169)

2020-10-05 Banking

1169.

Which bank approved appointment of CoD to run Dhanlaxmi Bank till appointment of CEO?

SBI

SEBI

RBI

World Bank

Answer: Option

Explanation:

The Reserve Bank of India (RBI) has approved a three-member interim committee of directors (CoD), to run the private sector lender, Dhanlaxmi Bank, in the capacity of the Managing Director & CEO till a new MD & CEO takes charge This decision was taken after the shareholders voted out the bank's MD and CEO Sunil Gurbaxani on 30 September 2020.